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Nov 14, 2012
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and ronald reagan was president and he said you have to pass the debt ceiling increase. and i went to the florida house and made a speech about how we have already used this credit card and we had to, you know, come to terms with the debt ceiling increase. and i voted for every debt ceiling increase from then on. >> democrat or republican. >> i don't like it, and it is a way to get some leverage. but the problem is not the debt ceiling increase, it was taking action so you don't have to have an increased. >> absolutely. >> very good, very helpful, a good history lesson there. let me do some housekeeping. when we finished tonight, we are going right outside the store for cocktails, chocolates, and cheese. tomorrow morning, breakfast is probably at 7:00 a.m. the program begins at 745. so you need to be in this room at 745 tomorrow morning. most important times tomorrow, if you're thinking about your schedule. another we lose some of you occasionally during the day, the task force starts at 10:15 a.m. we need everyone in this task forces because that's where the core work o
and ronald reagan was president and he said you have to pass the debt ceiling increase. and i went to the florida house and made a speech about how we have already used this credit card and we had to, you know, come to terms with the debt ceiling increase. and i voted for every debt ceiling increase from then on. >> democrat or republican. >> i don't like it, and it is a way to get some leverage. but the problem is not the debt ceiling increase, it was taking action so you don't...
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Nov 15, 2012
11/12
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we haven't touched it since ronald reagan, really, in 1986. bill clinton didn't do so at one point, but we haven't done anything to reform are cool. this capital investment and the people, to follow our country in the competitive environment, and taxes is one of them. when you do that, you will get more revenue. it's guaranteed. again, it is sort of that thing we were talking about earlier. this is an opportunity for us as a country. and if you look at the congressional budget office analysis, what tax reform could mean in terms of macroeconomic impact of growth, i mean, all of them will lead to more growth, whether it is corporate tax reform or individual tax reform. >> he said this was fought over in the campaign and we fought over tax rates. rising tax rates. jay carney, the white house press secretary did say that the president will veto any bill that extends the current tax rates. so he insists that tax rates go up those making over $250,000. what would your recommendation be to the republican party in the senate? >> first, i believe the
we haven't touched it since ronald reagan, really, in 1986. bill clinton didn't do so at one point, but we haven't done anything to reform are cool. this capital investment and the people, to follow our country in the competitive environment, and taxes is one of them. when you do that, you will get more revenue. it's guaranteed. again, it is sort of that thing we were talking about earlier. this is an opportunity for us as a country. and if you look at the congressional budget office analysis,...
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Nov 14, 2012
11/12
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we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will w
we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there...
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Nov 13, 2012
11/12
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ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his nose at the other side and insisting that if republicans aren't willing to do things his way, he won't do anything at all. now, if the president's serious, he'll follow the leads of president reagan and clinton. if he's really serious, he'll put the campaign rhetoric aside, propose a realistic solution that can pass a republican-controlled house and a divided senate, and work to get it done. and if the president acts in this spirit, i have no doubt he'll have the support of his own party and a willing partner in ours. and the american people will breathe a sigh of relief knowing not only that we'
ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his...
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Nov 15, 2012
11/12
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ronald reagan understood this. bill clinton understood this. and president obama seemed to understand it too in december of 2010. so i'll say it again. the only way we succeed is if the president steps up and leaders. it starts by showing that he's serious about success. and let's be clear, an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's twice as much as the white house seemed ready to agree to during last summer's debt ceiling talks. and looked at in the context of the spending cuts yet to be enacted from the president's other proposals, it amounts to about 20 cents in cuts for every new dollar in tax hikes. in other words, no cuts at all. it's a joke. a joke. look, people i talk to across kentucky, they don't want any more political fights. th*e'd like to -- they'd like to see us get somewhere. they want the two parties to work together to find a solution to our fiscal problems. and tha
ronald reagan understood this. bill clinton understood this. and president obama seemed to understand it too in december of 2010. so i'll say it again. the only way we succeed is if the president steps up and leaders. it starts by showing that he's serious about success. and let's be clear, an opening bid of $1.6 trillion in new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate. it's...
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Nov 15, 2012
11/12
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in 1986 it produced landmark tax reform, when democrats and republicans -- ronald reagan as president -- worked together to make our tax code more logical, more equitable, and more efficient. ten years later, divided government produced a sweeping overhaul of our welfare system, under then-president bill clinton. conservative republicans joined with a democratic president to help millions of lower-income people break free of the cycle of dependency and despair. of course, we know we've had divided government. as i said earlier, we really had a status quo election in that sense. we've had divided government since january 2011 when republicans regained the majority in the house of representatives. the result over the last two years, sadly, it has produced legislative stalemates and bitter recriminations. why should anybody expect that things will be different going forward? i think, mr. president, what's different now from then is that republicans and democrats alike recognize we are at a crossroads, that our current fiscal path is unsustainable, and that we're either going to send the
in 1986 it produced landmark tax reform, when democrats and republicans -- ronald reagan as president -- worked together to make our tax code more logical, more equitable, and more efficient. ten years later, divided government produced a sweeping overhaul of our welfare system, under then-president bill clinton. conservative republicans joined with a democratic president to help millions of lower-income people break free of the cycle of dependency and despair. of course, we know we've had...